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WHY INSURTECH MATTERS FOR CORPORATE AND SPECIALTY INSURERS

SHARESHARESHARE

Less than two years ago, the majority of Insurtech startups were focused on developing propositions for personal lines. Most aimed to disrupt or displace conventional distribution channels, with digital products and services that made the purchase of insurance quick, simple, and more user-friendly than ever before. Facing a market saturated by innovation for personal lines, ambitious Insurtechs are now clamoring to crack the commercial market. With solutions being developed to address the challenges of underwriting complex and specialty risk, 2018 is widely tipped to be the year of commercial Insurtech.